The Confident Indie Blog

Topic: Business Loss

June --
Been tracking (officially) my income/expenses from writing for just about a year now. I've actually been teaching creative writing and submitting fiction pieces to literary journals for several years (more than a decade). I have done my taxes through a software program, but I am paranoid that I have done something wrong, [...]

June:
To file or not to file. H&R Block tells me I had no taxable income for 2009, and that I don't have to file. My VA check is not taxable.
I spent last year researching a novel and working on a manuscript. This year will be different. I am working with an [...]

Hi June,
I saw today the following quote about tax cuts in the new stimulus bill: "Money-losing small businesses could use their losses to offset profits made in the previous five years, instead of two, making them eligible for tax refunds. The provision is limited to businesses with annual revenues under $15 million..."
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Hello, June:
It is very nice to find this website to help us new self-employed guys. I am a full-time employee, and recently started to be a part-time contractor.
My problem is that I started working for that contract in Dec. 2007, but did not get my first payment until Jan. 2008. My [...]

June --
I am an inventor, an indie 2 years, not inc'd yet.
I am just starting out, i.e. haven't actually made any money yet, but I've spent many hours designing, researching and developing my ideas (one of which I applied for a full patent). If I did not receive income can I [...]

Hi June:
I'm refinancing with a stated income loan. I work in a facet of mortgage lending for 17 years. For 12 of those years I was self-employed. What I do for a living is well known to the lender and my income was not questioned.
The last closing condition requires me to [...]

Hi June,
I just moved to Jacksonville, Florida coming from all over the country working as a PGA professional at private golf clubs. I worked as a club pro up into mid August and then I got engaged and became sales representative for golf apparel working from home.
I collected unemployment from mid [...]

I read Self-employed Tax Solutions from cover to cover in about 3 days (I finished it today), and found it engaging and well written. That’s high praise for a book on taxes. I’ve read other tax books ……Paul Plamondon

I purchased a couple of books re: self employment taxes. I like yours (Self-employed Tax Solutions) because it’s written in plain language. The JK Lasser book (Small Business Taxes) appears to be writ…Linda Gordon

I recently bought your book, and wanted to tell you what you already know – it’s terrific. So many great common-sense features. In addition to my “indie” business, I’ve also been a tax preparer for an…James M. Beidler

I just purchased your book Self Employed Tax Solutions, and let me start by saying this is the first time I have written an email to an author. I’m only in the third chapter and am so happy about the …Dean Iodice